Final answer:
A clear vision in business can have several payoffs, including goal alignment, improved decision making, and increased motivation and engagement.
Step-by-step explanation:
A clear vision in business can have several payoffs:
- Goal Alignment: A clear vision helps align the goals and objectives of individuals and teams within an organization. When everyone understands the direction they are moving towards, it becomes easier to coordinate efforts and work towards a common goal.
- Decision Making: A clear vision provides a framework for decision making. It helps leaders make informed choices that align with the long-term vision of the business.
- Motivation and Engagement: A well-communicated vision can inspire and motivate employees. It gives them a sense of purpose and direction, leading to increased engagement and productivity.